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Statkraft to begin construction of floating solar plant in Albania by end-June

Norway's Statkraft is looking to start the construction of a floating solar plant with a maximum capacity of 2 MW at the Banja reservoir in southeastern Albania by the end of June, it said on Tuesday.

read more... 17/06/2020

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Norway opening 2 offshore wind areas with 4.5-GW potential

The Norwegian government today announced it will be opening two areas for offshore renewables that provide the opportunity to develop a combined 4,500 MW of wind power.

read more... 15/06/2020

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Norway to make renewable aviation fuel

A newly-established industry consortium today unveiled plans for the construction in Norway of Europe’s first commercial plant for hydrogen-based renewable aviation fuel.

read more... 11/06/2020

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Daily (10.06.2020): British near-term gas prices lost ground on Tuesday despite a cut in Norway gas flows

Crude oil prices edged higher on Tuesday as the extension of OPEC+ output cuts on Saturday counterbalanced worries that resurgent coronavirus cases in the US could hit the oil demand recovery, which is still fragile. Hence, Brent crude for August delivery rose by 38 cents, or 0.9%, to settle at $41.18 a barrel. At the same time, U.S. WTI crude gained 75 cents, or 2%, to end at $38.94 a barrel.

read more... 10/06/2020

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Norwegian gas flows to Europe, UK slide further in May

Norway's pipeline gas supplies to continental Europe and the UK fell further in May to an eight-month low of just 7.35 Bcm, data from S&P Global Platts Analytics showed June 5.

read more... 08/06/2020

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